Food Pantries Of The Capital Dist Inc
Food Pantries Of The Capital Dist Inc consistently directs resources to programs with no reported officer compensation.
EIN: 141752164 · Albany, NY · NTEE: K310 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.4M |
| Total Expenses | $3.3M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $3 |
| Net Assets | $1.5M |
| Transparency Score | 95/100 |
Is Food Pantries Of The Capital Dist Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Food Pantries Of The Capital Dist Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Food Pantries Of The Capital Dist Inc
Food Pantries Of The Capital Dist Inc (EIN: 141752164) is a nonprofit organization based in Albany, NY, classified under NTEE code K310. The organization reported total revenue of $4.4M and total assets of $1.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Food Pantries Of The Capital Dist Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Food Pantries Of The Capital Dist Inc is a mid-size nonprofit that has been operating for 34 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.1M |
| Total Expenses | $3.3M |
| Surplus / Deficit | $-207,045 |
| Total Assets | $2.2M |
| Total Liabilities | $645K |
| Net Assets | $1.5M |
| Operating Margin | -6.7% |
| Debt-to-Asset Ratio | 29.6% |
| Months of Reserves | 7.9 months |
Financial Health Grade: B
In 2023, Food Pantries Of The Capital Dist Inc reported a deficit of $207K with expenses exceeding revenue, holds 7.9 months of operating reserves (strong position), has a debt-to-asset ratio of 29.6% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Food Pantries Of The Capital Dist Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.1% | +7.0% | +2.7% |
| 2022 | +15.3% | +16.7% | +3.4% |
| 2021 | -17.0% | +12.1% | -4.5% |
| 2020 | +71.2% | +29.2% | +99.6% |
| 2019 | +16.2% | +20.6% | +1.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1992 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Food Pantries Of The Capital Dist Inc with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Food Pantries Of The Capital Dist Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $207K, with expenses exceeding revenue.
- Debt-to-asset ratio: 29.6%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no portion of its expenses is allocated to executive salaries, which is highly commendable for a nonprofit of its size with annual expenses exceeding $3 million.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Food Pantries Of The Capital Dist Inc:
- Consistent 0% officer compensation reported across all filings, indicating high efficiency in resource allocation.
- Strong program focus, as implied by the nature of the organization (Food Banks & Pantries) and the absence of executive compensation.
- Healthy asset base relative to liabilities, with assets of $2,175,660 and liabilities of $644,961 in 202312.
- Demonstrated growth in revenue and assets over the past decade, indicating increasing capacity and sustainability.
- Consistent filing history (13 filings) demonstrating transparency and compliance.
Frequently Asked Questions about Food Pantries Of The Capital Dist Inc
Is Food Pantries Of The Capital Dist Inc a legitimate charity?
Food Pantries Of The Capital Dist Inc (EIN: 141752164) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 95/100. It has 13 years of IRS 990 filings on record. Total revenue: $4.4M. No red flags identified. 5 strengths noted. Financial health grade: B.
How does Food Pantries Of The Capital Dist Inc spend its money?
Food Pantries Of The Capital Dist Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Food Pantries Of The Capital Dist Inc tax-deductible?
Food Pantries Of The Capital Dist Inc is registered as a tax-exempt nonprofit (EIN: 141752164). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Food Pantries Of The Capital Dist Inc CEO make?
Food Pantries Of The Capital Dist Inc's highest-compensated officer earns $3 annually. The organization reported $4.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Food Pantries Of The Capital Dist Inc's spending goes to programs?
Food Pantries Of The Capital Dist Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Food Pantries Of The Capital Dist Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Food Pantries Of The Capital Dist Inc is above average for NTEE category K310 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Food Pantries Of The Capital Dist Inc located?
Food Pantries Of The Capital Dist Inc is headquartered in Albany, New York and files with the IRS under EIN 141752164. It is classified under NTEE code K310.
How many years of IRS 990 filings does Food Pantries Of The Capital Dist Inc have?
Food Pantries Of The Capital Dist Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $4.4M in total revenue.
Is Food Pantries Of The Capital Dist Inc a good charity?
Based on the available IRS 990 data, Food Pantries Of The Capital Dist Inc appears to be a very good charity. It demonstrates strong program spending, no reported officer compensation, and a consistent history of providing food assistance.
How has the organization's revenue trended over the past few years?
The organization's revenue has shown growth and some fluctuation. It increased from $1,356,289 in 201412 to a peak of $3,167,055 in 202012, then slightly decreased to $3,090,796 in 202312, indicating a generally upward trend in its capacity to raise funds.
What is the organization's asset-to-liability ratio?
In the latest filing (202312), the organization had assets of $2,175,660 and liabilities of $644,961, resulting in an asset-to-liability ratio of approximately 3.37:1, which indicates a healthy financial position.
Filing History
IRS 990 filing history for Food Pantries Of The Capital Dist Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Food Pantries Of The Capital Dist Inc's revenue has grown by 240.7%, moving from $907K to $3.1M. Total assets increased by 219.6% over the same period, from $681K to $2.2M. Total functional expenses rose by 205.2%, from $1.1M to $3.3M. In its most recent filing year (2023), Food Pantries Of The Capital Dist Inc reported a deficit of $207K, with expenses exceeding revenue. The organization holds $645K in liabilities against $2.2M in assets (debt-to-asset ratio: 29.6%), resulting in net assets of $1.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.1M | $3.3M | $2.2M | $645K | — | — |
| 2022 | $3.0M | $3.1M | $2.1M | $435K | — | View 990 |
| 2021 | $2.6M | $2.6M | $2.0M | $215K | — | View 990 |
| 2020 | $3.2M | $2.4M | $2.1M | $344K | — | View 990 |
| 2019 | $1.8M | $1.8M | $1.1M | $110K | — | View 990 |
| 2018 | $1.6M | $1.5M | $1.1M | $168K | — | View 990 |
| 2017 | $1.7M | $1.6M | $1.1M | $269K | — | View 990 |
| 2016 | $1.6M | $1.5M | $906K | $162K | — | View 990 |
| 2015 | $1.4M | $1.4M | $833K | $153K | — | View 990 |
| 2014 | $1.4M | $1.4M | $825K | $158K | — | View 990 |
| 2013 | $1.4M | $1.3M | $845K | $165K | — | View 990 |
| 2012 | $896K | $847K | $709K | $177K | — | View 990 |
| 2011 | $907K | $1.1M | $681K | $217K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.1M, expenses of $3.3M, and assets of $2.2M (revenue +2.1% year-over-year).
- 2022: Revenue of $3.0M, expenses of $3.1M, and assets of $2.1M (revenue +15.3% year-over-year).
- 2021: Revenue of $2.6M, expenses of $2.6M, and assets of $2.0M (revenue -17.0% year-over-year).
- 2020: Revenue of $3.2M, expenses of $2.4M, and assets of $2.1M (revenue +71.2% year-over-year).
- 2019: Revenue of $1.8M, expenses of $1.8M, and assets of $1.1M (revenue +16.2% year-over-year).
- 2018: Revenue of $1.6M, expenses of $1.5M, and assets of $1.1M (revenue -3.9% year-over-year).
- 2017: Revenue of $1.7M, expenses of $1.6M, and assets of $1.1M (revenue +6.8% year-over-year).
- 2016: Revenue of $1.6M, expenses of $1.5M, and assets of $906K (revenue +9.1% year-over-year).
- 2015: Revenue of $1.4M, expenses of $1.4M, and assets of $833K (revenue +4.9% year-over-year).
- 2014: Revenue of $1.4M, expenses of $1.4M, and assets of $825K (revenue -3.3% year-over-year).
- 2013: Revenue of $1.4M, expenses of $1.3M, and assets of $845K (revenue +56.5% year-over-year).
- 2012: Revenue of $896K, expenses of $847K, and assets of $709K (revenue -1.3% year-over-year).
- 2011: Revenue of $907K, expenses of $1.1M, and assets of $681K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Food Pantries Of The Capital Dist Inc:
Data Sources and Methodology
This transparency report for Food Pantries Of The Capital Dist Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.